 |
| Schneiderman |
N.Y. Attorney General Eric T. Schneiderman is proposing legislation to make the 103,000 nonprofits in New York more accountable. Among the proposals is the requirement for nonprofits to have both conflict of interest and whistleblower policies, as well as increasing Board accountability, which puts them in line with the newer IRS 990 guidelines. Another aspect of the legislation is the increased power for the Attorney General to challenge compensation and maintain effective oversight. This follows Schneiderman’s creation of a panel to review nonprofit compensation following alleged abuses in a large NY nonprofit.
Read more about this proposed legislation, co-authored by nonprofit groups.
Read more about this proposed legislation, co-authored by nonprofit groups.
No comments:
Post a Comment